Obama and Medvedev signed the new START in Prague the terms of which they recently announced they had agreed upon. It is not over yet. The respective legislature's from both countries must approve the treaty. It is all but assured to go through on Russia's end, but may face some hurdles in the Senate.
"With the stroke of two pens, President Obama and Russian President Dmitri Medvedev signed a new nuclear disarmament treaty in Prague today, replacing the Strategic Arms Reduction Treaty (START) that expired Dec. 5.
The United States and Russia -- the world's two nuclear superpowers -- are pledging to reduce their nuclear arms by a third, making the historic agreement the first of its kind in two decades. The setting -- signing the treaty in Prague -- served as a symbolic gesture as it was this city where just over a year ago Obama spoke about his vision of a de-nuclearized world.
The treaty requires both countries to reduce their nuclear arsenals from 2,200 deployed warheads for each country to 1,550 over seven years, a 30 percent reduction from the last treaty. And they'll reduce their long-range missiles and launchers to 700 for each country as well."